Colliers International expands Project Management in Australia
(Thomson Reuters ONE) -
Acquisition strengthens services to property owners and developers
SYDNEY, Australia, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Leading global commercial
real estate firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI)
today announced the acquisition of NixAnderson, an Australian project management
firm with extensive experience in corporate property and infrastructure delivery
services. Since 1999, NixAnderson has been providing world class project
management and planning services across Australia and New Zealand. These
services include project management, program management, property acquisition
services, workspace consulting, and feasibility studies, to a broad range of
industry verticals, including social infrastructure, defence, healthcare,
hospitality, retail, and commercial. NixAnderson has over 30 professionals with
a combined industry experience of over 200 years. The acquisition more than
doubles the number of Colliers project management professionals in the Australia
and New Zealand business. The terms of the transaction were not disclosed.
"We are very excited to become part of Colliers International," said Derek Nix
and Scott Anderson. "Combining our expertise in corporate property and
infrastructure delivery services with the Colliers International platform, both
in Australia and globally, enhances our ability to provide industry leading
service to existing and new clients. Further, there is an extremely strong
alignment with the entrepreneurial spirit that exists throughout Colliers. We
are excited to join this world class, growing organization."
"The acquisition of NixAnderson builds on our reputation for delivering complex
projects and positions Colliers International for even greater growth in the
region," said John Kenny, Chief Executive Officer, Australia and New Zealand.
"Our new and expanded project management capability is well positioned to
capitalise on the unprecedented level of capital investment in Australia and New
Zealand's commercial, residential and public infrastructure market segments."
"What attracted us to NixAnderson was the combination of their strong cultural
fit with Colliers International and their proven track of providing excellent
project management services," said Dylan Taylor, President & Chief Operating
Officer. "By bringing in Derek and Scott and their team of industry-leading
project management professionals, each of whom share the enterprising culture of
Colliers, we are delivering on our promise to accelerate the success of our
clients."
About Colliers International
Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) is an industry
leading global real estate services company with 15,000 skilled professionals
operating in 68 countries. With an enterprising culture and significant employee
ownership, Colliers professionals provide a full range of services to real
estate occupiers, owners and investors worldwide. Services include strategic
advice and execution for property sales, leasing and finance; global corporate
solutions; property, facility and project management; workplace solutions;
appraisal, valuation and tax consulting; customized research; and thought
leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful
and innovative advice that helps clients accelerate their success. Colliers has
been ranked among the top 100 global outsourcing firms by the International
Association of Outsourcing Professionals for 12 consecutive years, more than any
other real estate services firm. Colliers also has been ranked the top property
manager in the world by Commercial Property Executive for two years in a row.
For the latest news from Colliers, visit Colliers.com or follow us on Twitter:
(at)Colliers and LinkedIn.
Advisory Regarding Forward-Looking Information
Certain information included in this news release is forward-looking, within the
meaning of applicable securities laws. Much of this information can be
identified by words such as "believe", "expects", "expected", "will", "intends",
"projects", "anticipates", "estimates", "continues" or similar expressions
suggesting future outcomes or events. Colliers believes the expectations
reflected in such forward-looking statements are reasonable but no assurance can
be given that these expectations will prove to be correct and such forward-
looking statements should not be unduly relied upon.
Forward-looking statements are based on current information and expectations
that involve a number of risks and uncertainties, which could cause actual
results or events to differ materially from those anticipated. These risks
include, but are not limited to, risks associated with: (i) general economic and
business conditions, which will, among other things, impact demand for Colliers'
services and the cost of providing services; (ii) the ability of Colliers to
implement its business strategy, including Colliers' ability to identify and
acquire suitable acquisition candidates on acceptable terms and successfully
integrate newly acquired businesses with its existing businesses; (iii) changes
in or the failure to comply with government regulations; and (iv) such factors
as are identified in the Annual Information Form of Colliers for the year ended
December 31, 2016 under the heading "Risk Factors" (which factors are adopted
herein and a copy of which can be obtained at www.sedar.com). Forward looking
statements contained in this news release are made as of the date hereof and are
subject to change. All forward-looking statements in this news release are
qualified by these cautionary statements. Except as required by applicable law,
Colliers undertakes no obligation to publicly update or revise any forward-
looking statement, whether as a result of new information, future events or
otherwise.
Company Contact:
John B. Friedrichsen
Chief Financial Officer
Phone: (416) 960-9500
John Kenny
Chief Executive Officer | Australia & New Zealand
Phone: +61 2 9257 0212
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Colliers International Group Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 05.09.2017 - 13:30 Uhr
Sprache: Deutsch
News-ID 558751
Anzahl Zeichen: 7083
contact information:
Town:
Seattle, WA
Kategorie:
Business News
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